Questions And Answers
Read our expert answers to your questions
Can I save tax by running my business through a limited company?
I am a sole trader plumber and am wondering if I could save tax by running my business through a limited company? My taxable profits are around £60,000, and I anticipate they will remain at around this level going forwards.
First published 12 Jul 2023 | Last updated 19 Aug 2024
What are HMRC’s online Time to Pay arrangements for VAT?
First published 12 Jul 2023
Last updated 12 Jul 2023
When to pay a second payment on account
First published 21 Jul 2021
Last updated 23 Jul 2024
Can I offset my hairdressing training costs?
First published 8 Jun 2023
Last updated 12 Jun 2023
Can a Time to Pay arrangement help my cashflow?
First published 12 May 2023
Last updated 11 Jul 2023
Do I have to submit my P11D electronically?
First published 19 Apr 2023
Last updated 23 Apr 2024
How do I get a tax refund if I am a subcontractor?
First published 23 Apr 2021
Last updated 23 Apr 2024
What are the penalties if I submit my VAT return late?
First published 25 Nov 2022
Last updated 20 Mar 2024
Budget 2023: All you need to know about childcare support reforms
First published 23 Mar 2023
Last updated 23 Mar 2023
Budget 2023: What are the changes to foster care relief?
First published 15 Mar 2023
Last updated 16 Mar 2023
Why should I do my self-assessment tax return early?
First published 9 Mar 2023
Last updated 17 Apr 2024
Should I register for the Construction Industry Scheme?
First published 22 Feb 2023
Last updated 20 Mar 2024
What are the inheritance tax rules if I live in a home I plan to give away?
First published 15 Feb 2023
Last updated 20 Mar 2024
How can I save tax if my profits push me into the higher rate tax bracket?
First published 6 Feb 2023
What interest will I be charged if I pay my tax late?
First published 10 Jan 2023
Last updated 23 Apr 2024